Desjardins Analysts Give TFI International (NYSE:TFII) a $170.00 Price Target

Desjardins set a $170.00 price objective on TFI International (NYSE:TFII – Free Report) in a research report sent to investors on Monday morning,BayStreet reports. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently weighed in on TFII. Morgan Stanley decreased their target price on shares of TFI International from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Monday. Citigroup dropped their price target on shares of TFI International from $157.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday. Stifel Nicolaus cut their price objective on shares of TFI International from $132.00 to $107.00 and set a “hold” rating on the stock in a report on Monday. The Goldman Sachs Group decreased their price objective on shares of TFI International from $178.00 to $155.00 and set a “buy” rating for the company in a research report on Monday. Finally, Scotiabank restated an “outperform” rating on shares of TFI International in a research note on Thursday, October 15th. Sixteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $145.32.

View Our Latest Stock Report on TFII

TFI International Price Performance

Shares of NYSE TFII opened at $100.19 on Monday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.10. TFI International has a 1-year low of $80.63 and a 1-year high of $167.69. The company has a market capitalization of $8.20 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 0.76 and a beta of 1.67. The business has a 50-day moving average of $119.90 and a 200-day moving average of $129.04.

TFI International (NYSE:TFII – Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.08). The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.23 billion. TFI International had a net margin of 4.26% and a return on equity of 16.05%. On average, equities analysts anticipate that TFI International will post 5.62 EPS for the current fiscal year.

Institutional Investors Weigh In On TFI International

Several institutional investors and hedge funds have recently bought and sold shares of TFII. Caisse de depot et placement du Quebec bought a new position in TFI International in the second quarter worth about $910,995,000. Jupiter Topco LLC bought a new position in shares of TFI International during the second quarter valued at approximately $515,259,000. Maple Rock Capital Partners Inc. raised its position in shares of TFI International by 4.2% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company’s stock worth $203,641,000 after purchasing an additional 56,578 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $136,656,000. Institutional investors and hedge funds own 73.30% of the company’s stock.

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TFI International Company Profile

(Get Free Report)

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.

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Analyst Recommendations for TFI International (NYSE:TFII)

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